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Rectification of Errors — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyRectification of Errors2 Marks
Question
If the purchase hook is undermasted, the purchase account is debited in rectification.
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Answer

This statement is True.
Purchases are expenses. All expenses are debited as per the rule of nominal account. When purchases are underacted they can be corrected by debiting in rectification.

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